What does Elektro Masschelein do?

Elektro Masschelein is an electrical contractor in Lo-Reninge. Private Limited, started on 29 April 2008, 1 establishment.

What is the address of Elektro Masschelein?

The registered office of Elektro Masschelein is located at Lindesteenweg 7, 8647 Lo-Reninge.

Is Elektro Masschelein still active?

Yes. According to the CBE (30 October 2026) Elektro Masschelein is active, legal situation “Normale toestand”, started on 29 April 2008.

Is Elektro Masschelein registered on Peppol?

Yes, Elektro Masschelein is registered on the Peppol network with ID 0208:0897626914.

What is the enterprise number of Elektro Masschelein?

The enterprise number of Elektro Masschelein is BE0897626914.

When was Elektro Masschelein founded?

Elektro Masschelein was founded on 29 April 2008.

Who are the directors of Elektro Masschelein?

According to the 2025 annual accounts, the directors of Elektro Masschelein are: Frederick Masschelein.

Is Elektro Masschelein a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 April 2008; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Elektro Masschelein make in 2025?

Elektro Masschelein posted a profit after taxes of € 11,619 in financial year 2025.

What is the revenue of Elektro Masschelein?

As a small company, Elektro Masschelein is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 119,080.

Elektro Masschelein (Private Limited) - Lo-Reninge

Dossier Elektro Masschelein, printed on 30 October 2026 from databakkes.be/en/0897626914/elektro-masschelein. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Elektro Masschelein from Lo-Reninge, company number BE0897626914, closed financial year 2025 with a result of € 11,619 after tax. For that financial year Elektro Masschelein recorded a gross margin of € 119,080 and equity of € 117,210. Compared with financial year 2024, the result moved from € 21,556 to € 11,619. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.

What it is worth Growing

€ 117,210

▲ 11% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 11,619

▼ 46% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 41,594

▲ 58% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 104,810.

People and assets in 2025

Wage cost

€ 52,341

▼ 43% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 85,687

▼ 26% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 257,152

▲ 10% vs 2024

€ 27,593 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 74,487

▼ 23% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 8,653

▼ 64% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 78,310 Gross margin 2022: € 78,310 First fiscal year in the series	€ 97,456 Gross margin 2023: € 97,456 ▲ 24% vs 2022 (€ 78,310) Favourable step	€ 161,363 Gross margin 2024: € 161,363 ▲ 66% vs 2023 (€ 97,456) Favourable step	€ 119,080 Gross margin 2025: € 119,080 ▼ 26% vs 2024 (€ 161,363) Unfavourable step	▼ 26%
Profit after taxes	€ 13,129 Profit after taxes 2022: € 13,129 First fiscal year in the series	€ 18,793 Profit after taxes 2023: € 18,793 ▲ 43% vs 2022 (€ 13,129) Favourable step	€ 21,556 Profit after taxes 2024: € 21,556 ▲ 15% vs 2023 (€ 18,793) Favourable step	€ 11,619 Profit after taxes 2025: € 11,619 ▼ 46% vs 2024 (€ 21,556) Unfavourable step	▼ 46%
Equity	€ 65,241 Equity 2022: € 65,241 First fiscal year in the series	€ 84,034 Equity 2023: € 84,034 ▲ 29% vs 2022 (€ 65,241) Favourable step	€ 105,591 Equity 2024: € 105,591 ▲ 26% vs 2023 (€ 84,034) Favourable step	€ 117,210 Equity 2025: € 117,210 ▲ 11% vs 2024 (€ 105,591) Favourable step	▲ 11%
Total debts	€ 194,295 Total debts 2022: € 194,295 First fiscal year in the series	€ 298,732 Total debts 2023: € 298,732 ▲ 54% vs 2022 (€ 194,295) Unfavourable step	€ 583,473 Total debts 2024: € 583,473 ▲ 95% vs 2023 (€ 298,732) Unfavourable step	€ 650,468 Total debts 2025: € 650,468 ▲ 11% vs 2024 (€ 583,473) Unfavourable step	▲ 11%
Cash	€ 8,530 Cash 2022: € 8,530 First fiscal year in the series	€ 15,132 Cash 2023: € 15,132 ▲ 77% vs 2022 (€ 8,530) Favourable step	€ 26,342 Cash 2024: € 26,342 ▲ 74% vs 2023 (€ 15,132) Favourable step	€ 41,594 Cash 2025: € 41,594 ▲ 58% vs 2024 (€ 26,342) Favourable step	▲ 58%
Retained profit	€ 52,841 Retained profit 2022: € 52,841 First fiscal year in the series	€ 71,634 Retained profit 2023: € 71,634 ▲ 36% vs 2022 (€ 52,841) Favourable step	€ 93,191 Retained profit 2024: € 93,191 ▲ 30% vs 2023 (€ 71,634) Favourable step	€ 104,810 Retained profit 2025: € 104,810 ▲ 12% vs 2024 (€ 93,191) Favourable step	▲ 12%
Bank debt	€ 63,646 Bank debt 2022: € 63,646 First fiscal year in the series	€ 147,411 Bank debt 2023: € 147,411 ▲ 132% vs 2022 (€ 63,646) Unfavourable step	€ 234,065 Bank debt 2024: € 234,065 ▲ 59% vs 2023 (€ 147,411) Unfavourable step	€ 257,152 Bank debt 2025: € 257,152 ▲ 10% vs 2024 (€ 234,065) Unfavourable step	▲ 10%
Balance sheet total	€ 268,354 Balance sheet total 2022: € 268,354 First fiscal year in the series	€ 391,585 Balance sheet total 2023: € 391,585 ▲ 46% vs 2022 (€ 268,354) Unchanged	€ 697,882 Balance sheet total 2024: € 697,882 ▲ 78% vs 2023 (€ 391,585) Unchanged	€ 776,496 Balance sheet total 2025: € 776,496 ▲ 11% vs 2024 (€ 697,882) Unchanged	▲ 11%

Key figures of Elektro Masschelein, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to Elektro Masschelein?

What happened at Elektro Masschelein in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jan 30, 2026 New annual accounts for financial year 2025: profit of € 11,619 (▼ 46% vs 2024). Source: NBB ↗
May 15, 2008 New establishment in Lo-Reninge. KBO
Apr 29, 2008 Start of the company according to the CBE. KBO
2008 Frederick Masschelein became a director. NBB

In short

From € 13,129 profit in 2022 to € 11,619 profit in 2025.

Paid € 24,215 in corporate taxes since 2022.

Best year ever: 2024, with € 21,556 profit.

Original PDFs at the National Bank ↗

Management

Frederick Masschelein

Elektro Masschelein

Behind Elektro Masschelein is Frederick Masschelein.

Directors

According to the 2025 annual accounts

Frederick Masschelein

Director

since 2008

Establishments

Establishment units

Physical locations of this company

Registered office

Lindesteenweg 7

8647 Lo-Reninge

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0897.626.914

VAT number

BE 0897.626.914

Registered office

Lindesteenweg 7, 8647 Lo-Reninge

Names & denominations

Elektro Masschelein

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

29 April 2008

Peppol

Active · Active since 30 Oct 2024

Activities · NACE

Algemene elektrotechnische installatiewerken

Overige bouwinstallatie

Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen

Elektrotechnische installatiewerken van nijverheidsinrichtingen

Ontwikkeling van niet-residentiële bouwprojecten

Bouw van civieltechnische werken voor elektriciteit en telecommunicatie

Ontwikkeling van residentiële bouwprojecten

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

View on CBE Public ↗ Annual accounts (NBB) ↗

Elektro Masschelein

Warning lights

Financials

What happened to Elektro Masschelein?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions